Plan Snapshot
- Plan Sponsor: Pinnacle West Capital Corporation
- Sponsor EIN: 860512431
- Sponsor Address: PO BOX 53999, PHOENIX, AZ, 850723999
- Plan Type: 401(k)
- Total Participants: 6,358
- Total Assets: $1.6B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 6,358 | $1.6B | $27.0M | $78.4M |
| 2023 | 6,085 | $1.5B | $24.8M | $71.4M |
| 2022 | 5,820 | $1.3B | $23.4M | $67.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FINANCIAL ENGINES | ADVISOR | $924,694 | — | $924,694 |
| FID INV INST OPS CO | RECORDKEEPER | $462,394 | — | $462,394 |
| EDELMAN FINANCIAL ENGINES, LLC | ADVISOR | $19,980 | — | $19,980 |
| DELOITTE & TOUCHE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FID INV INST OPS CO — RECORDKEEPER
- DELOITTE & TOUCHE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,407,068
- Estimated Expense Ratio: 0.087% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,452,781 | $1,821,773 | $4,800 | — | — |
| 2023 | $2,375,178 | $1,767,521 | $6,300 | — | — |
| 2022 | $2,496,391 | $916,190 | — | — | — |